Indicators of economy in Saint Vincent and the Grenadines

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in Saint Vincent and the Grenadines, on the other hand, reached USD 8,666 per capita, or 904.18 million USD for the whole country. Saint Vincent and the Grenadines is currently at number 197 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant, taking purchasing power parity into account, then Saint Vincent and the Grenadines ranks 95th in the list of the richest countries.

Inflation in Saint Vincent and the Grenadines in 2021 was around 1.57%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 37.0 percent lower.
The index for perceived corruption in the public sector is 59, which is rather mediocre by global standards.


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